{
  "id": 14912606,
  "title": "Federal Bank Q2 Profit Surges 45.10% To ₹1,386.09 Crore, NPA At Decadal Lows",
  "url": "https://urgent.news/2026/10/16/federal-bank-q2-profit-surges-45-10-to-1-386-09-crore-npa-at-decadal",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T08:24:01.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/federal-bank-q2-profit-surges-4510-to-138609-crore-npa-at-decadal-lows"
  },
  "original_language": "en",
  "account": "Mumbai: Federal Bank reported on October 16, 2026, that its net profit for the second quarter of the fiscal year 2027 surged by 45.10% year-on-year to ₹1,386.09 crore, setting a new record as the bank's highest quarterly earnings. Financial Highlights The bank's operating profit increased by 35.35% to ₹2,225.37 crore, while Net Interest Income (NII) climbed 26.38% to ₹3,153.40 crore. Fee income also saw a significant jump of 31.86% to ₹1,167.71 crore, marking an all-time high. Asset Quality Federal Bank's Gross NPA decreased to 1.32% and Net NPA to 0.17%, both representing the lowest levels seen in a decade. Growth and Deposits Total business franchise expanded to surpass ₹6.4 lakh crore, up 20.12% year-on-year, with gross advances reaching ₹3,01,687.80 crore. Total deposits grew by 18.61% to ₹3,42,693.56 crore. Operational Efficiency The Cost-to-Income ratio improved by 196 basis points year-on-year to 52.08%, while Return on Assets (RoA) improved by 23 basis points to 1.32%, and Return on Equity (RoE) expanded by 256 basis points to 13.57%. Expansion and Shares The bank added 12 branches during the quarter, increasing its network to 1,662 outlets. Federal Bank's shares fell by 4% in response to reports of a potential takeover, raising concerns about integration challenges.",
  "summary": "Mumbai: Federal Bank announced on October 16, 2026, that its net profit for the second quarter of the fiscal year 2027 rose by 45.10% year-on-year to ₹1,386.09 crore, the highest quarterly profit in its history. Financial Performance The bank's operating profit grew 35.35% to ₹2,225.37 crore. Net Interest Income (NII) increased by 26.38% to ₹3,153.40 crore, while fee income saw a 31.86% rise to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}